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While there has been a funding winter in fintechs and tech startups over the past year, funding has seen an uprise in early stage deal funding and decline in late stage deals funding. FinTech funding has seen a rise in the last 4-5 months, and witnessed a slight uptick in the amount raised in the …
FinTech funding witnesses slight uptick in November, total $122 mn raised Read More »
Trading app operator Robinhood Markets Inc said on Thursday it has launched commission-free crypto trading to customers in the European Union.
The cryptocurrency markets were trading higher on Thursday, led by Bitcoin, XRP, and Cardano. The global cryptocurrency market cap also surged 1.07% to around $1.6 trillion in the last 24 hours. Market sentiments are presently bullish as traders await developments on the US Bitcoin Spot ETF applications in the near future, Edul said.
Fintech startup Pontera raises $60M in funding led by ICONIQ Growth, bringing its total funding to $160M. Its valuation is now over $550M. Pontera’s platform is used by financial advisers like Dynasty Financial Partners and SageView Advisory Group to manage retirement accounts. The company’s annual revenue has quadrupled since 2021. Pontera, headquartered in New York, …
Fintech startup Pontera raises $60 million, plans more hiring in Israel Read More »
Crypto companies spent $18.96 million in the first three quarters of 2023 on lobbying, compared with $16.1 million during the same period in 2022.
There has been a significant rise of family offices in India and currently, family offices are graduating as a new investor class in the startup ecosystem of India. While family offices in the country have been conservative with their investments, leaned towards philanthropy and opted for safer investments in the past, there has been a …
For Family Offices, lack of expertise, investment in complex structures remain concern Read More »
According to sources, in Paytm’s case, Aditya Birla Capital, a major partner, seems to have pulled out of the Postpaid partnership, leading to the company temporarily halting the service for users.
Bitcoin has notched its third consecutive month of gains, boasting an additional 11% increase in December, reaching its highest level since the market downturn in April 2022.
For now Bitcoin momentum is overshadowing any concerns that the surge is at risk of becoming too stretched. Smaller virtual currencies such as Ether, Avalanche and meme-crowd favorite Dogecoin have also been advancing.
“Speculation around an impending approval of Bitcoin spot ETF has fueled the asset into a 19-month high near $42,000. While BTC encounters strong resistance at this level, once breached, there is a clear path to $48,000 in the upcoming weeks,” said Vikram Subburaj, CEO of Giottus Crypto Platform. Read more:
